After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading session on Wednesday. The major averages have all moved to the upside, partly offsetting the steep losses posted in the previous session.
Currently, the tech-heavy Nasdaq is up 56.83 points or 0.5 percent at 12,137.33, and the S&P 500 is up 12.73 points or 0.3 percent at 4,132.31. The narrower Dow is posting a more modest gain, up 43.56 points or 0.1 percent at 33,728.09.
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